Sunday, June 05, 2011

Mortgage Holder Forecloses on Bank of America

The high school bully finally gets his comeuppance. This has to be the feelgood story of the year. In Collier County, Florida, a local Bank of America branch had been involved in an improper foreclosure proceeding.

A judge ruled against Bank of America and ordered them to pay the mortgage holder’s legal fees of $2,534. Bank of America refused. So far, just another typical day in the plutocracy. An 800-pound corporate gorilla walks all over the public and then says “What are you gonna do about it?”

And then?!?!?

And then: the Bank of America branch received a visit from an attorney, two sheriff’s deputies and a moving van. Bank of America was offered a choice: pay the $2,534 as the judge had ordered, or vacate the premises and have their assets seized. They decided to pay.

YESSS!!!

Now THIS is the kind of thing that needs to start happening a lot more often. When a corporation breaks the law, it needs to be held accountable, just like a person would. (Since corporations are people, right?)

Politicians aren’t gonna do anything except look angry in front of the camera while gushing out a touchy-feely soundbite and then go back to their junketing and fundraising.

As the Right loves to say, it’s up to We The People to “take our country back.”

this is why we need Government so they can follow the model of Chrysler and GM:

Isn't it better to have corporations bilk us out of billions instead of us bilking them out of a few thousand mortgages. I mean they owe us right?Thank goodness we have government to set things right? Cash for Clunkers anyone?